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Jeannette Spinelli

Broker Associate & Founder | Spinelli Residential Group | KW - Austin Portfolio Real Estate

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311 Oleander Dr , Marble Falls, TX 78654
$2,299,000
Est. Payment: $11,545.28/mo
4 Bed
3 Bath
4143 Sqft
Status: active | Days on site: 40
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Jeannette Spinelli
Broker Associate & Founder

House Description

Where lake life meets quiet opulence, Oleander is not just a home.... It's a private waterfront estate that rewrites the standard for Shady Acres. Set on an extraordinary 205 feet of channel frontage, this single-story retreat stretches out with intention and confidence. Inside, an expansive living room opens to walls of windows that frame the water like living art. It's the kind of space that doesn't just host people.... it gathers them. The kitchen is built for serious culinary firepower: a chef's propane range, dual dishwashers, and the kind of flow that keeps everything seamless when entertaining. Tucked behind it, a fully equipped baker's kitchen adds a second layer of function with additional appliances, storage, and prep space. The primary suite is its own sanctuary. Fireplace lit, doors open to the pool, and a bathroom that leans into luxury with a clawfoot tub, walk-in shower, dual vanities, and seated make-up area. Even the closet complete with washer and dryer hook-ups that keep life effortlessly contained. Step outside and the tone shifts from refined to resort. An oversized 12-foot-deep pool with a waterfall becomes the centerpiece, framed by swaying palms and a rare sandy lounge area. Two firepits anchor the massive patio, from there, the property flows down to the water and is designed to be experienced, not just admired. The pool house delivers the lifestyle with its own bedroom, living space, kitchenette, and full bath. A detached two-car garage with three additional storage rooms handles everything behind the scenes. At the shoreline, a covered hydraulic boat slip with a fully automated enclosure and 2 jet ski lifts makes getting on the water effortlessly. Every inch of this 4183 sq ft estate has been curated with intention-from the fountain-lined front approach to the lush, high-end landscaping that wraps the entire property in color and texture. This isn't a "nice home" in the neighborhood. This is the one everything else is compared to.

Highlights

Listed by Kasey Mercurio , (830) 280-1882 MCM Land Company LLC , (512) 705-2504. Austin MLS mls logo

Property Type

Residential

Lot/Acreage
0.6

HOA Fee

200 Annually

Year Built

1970

County

Burnet

Area

BU

Neighborhood

Shady Acres

School District

Marble Falls ISD

Listing ID

7902186

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:4
  • Bathrooms:3
  • Full Bathrooms:2
  • 1/2 Bathrooms:1
Appliances:Built-In Gas Oven, Double Oven, Dishwasher, ENERGY STAR Qualified Dryer, ENERGY STAR Qualified Washer, Free-Standing Freezer, Disposal, Microwave, Propane Cooktop, Refrigerator, Washer
Floor:Tile
Other:Public

Exterior Features

Lot:Back Yard,Front Yard,Sprinklers In Rear,Sprinklers In Front,Level,Native Plants,Private,Sprinklers In Ground,Few Trees,Trees Medium Size,Waterfall
Others:Boat Lift,Dock,Exterior Steps,Private Entrance,Private Yard,Resale
Sewer:Aerobic Septic,Septic Tank
Parking Features:Driveway,Detached,Garage Faces Front,Garage,Garage Door Opener,Kitchen Level,Paved,Private
Principal Interest
$11,545
Taxes
$30,267
HOA
$200

Home Price

$2,299,000

Loan Details

30 yrs
6.434%

Down Payment

20%
$459,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$11,545.28

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $11,545.28 $30,266.56 $200.00 $42,011.84
Yearly $138,543.36 $363,198.75 $2,400.00 $504,142.11
Total $4,156,300.76 $10,895,962.50 $72,000.00 $15,124,263.26

Today's Rates

30 Year

6.43%

20 Year

6.23%

15 Year

5.8%

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Market insight data is pulled from the same city as the listing being viewed (Marble Falls, TX).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information submitted to the MLS GRID as of the date listed below. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The data relating to real estate on this website derive in part from the Internet Data Exchange program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither Spinelli Residential Group | KW - Austin Portfolio Real Estate nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.
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Data last updated: 2026-07-17T15:20:32.000Z

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